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RE: Steemit INC Cuts 70% Of Its Employees: Back To Reality, Here Comes Gravity

in #steemit6 years ago

I wonder if this will affect SMT development.

I'm actually asking myself the same for some weeks already.
And now: 70% of the company gone. No information on their roles.
Just to fire them because of the costs seems short-sighted to me.
But I don't know the details so I should judge actually.

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A clear example of bad management, poor leadership and lack of planning